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platform that assures a highly efficient way to exchange tokens while maintaining low fees and low slippage by only accommodating liquidity pools</strong> made up of similarly behaving assets.&nbsp;</p>\n<p>Whereas the technique lowers the costs of liquidity providers that give tokens to the pools, Curve features an incentive mechanism that boosts involvement by connecting with external <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-defi/">decentralized finance (DeFi)</strong></a> protocols and offering rewards in the form of Curve DAO (CRV) tokens and interest.</p>\n<p>The Curve AMO, for example, employs<strong> FRAX and USDC guarantees</strong> to offer liquidity for the protocol while tightening the index. 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These coins can be traded on crypto exchanges for <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-fiat/">fiat currencies.</p>\n<p>To do so, users must acquire, set up, and manage specialized equipment, as well as incur large electrical power costs, all of which cut into the profit generated from selling the mined coins. So, a hacker might choose to <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-mining/">mine cryptocurrency by hijacking the computational resources of other people, instead of participating in a fair competition.</p>\n<p>The two most popular types of cryptojacking:</p>\n<ul>\n<li><strong>File-based</strong></li>\n<li>Browser-based</li>\n</ul>\n<p>File-based cryptojacking occurs when hackers send perfectly authentic emails to their targets. When the user opens the attachment, the software runs, and the crypto mining script is installed on their machine. It can also be referred to as the &ldquo;drive-by&rdquo; cryptojacking.</p>\n<p>Browser-based cryptojacking happens when hackers inject harmful code into different websites. The crypto mining script is activated on the targeted computer as soon as he or she visits the infected websites. In other words, by using a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-trojan/">trojan. The program keeps running on the host computer, consuming its resources.</p>\n<p>These cryptojacking tactics can go undetected for a long time, allowing hackers to mine with carelessness from unwary users' devices. Mining operations have expensive power charges, which hackers <strong>transfer to their victims in order for them to obtain token payouts without incurring financial hardship.</strong></p>\n<p>Cryptojacking scripts might lead to devices breaking due to wear and tear. 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Definition & Meaning | Crypto Wiki","meta_description":"Cryptojacking meaning: Cryptojacking - The utilization of another side's computer to mine cryptocurrency without their permission is referred to as cryptojacking.","meta_keywords":null,"language":"en","created_at":"2022-02-28T14:12:20.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-cryptojacking"},"currentChapter":"C","currentSection":"what-is-cryptology","chapterTitle":"C","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-cryptology","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Crypto Terms: Letter C

What is Cryptology?

Cryptology MEANING:
Cryptology - The scientific research of cryptography and cryptanalysis is known as cryptology.
Easy
1 minute

Let's find out Cryptology meaning, definition in crypto, what is Cryptology, and all other detailed facts.

Cryptoanalysis and cryptography are accomplished by various mathematical formulas and algorithms.

Cryptology is sometimes confused with cryptography or cryptoanalysis, but experts in the area have long held that cryptology is the more complete word, embracing both.

Initially, cryptology was the study of the ideas and methods for masking data in ciphers and later revealing it to authorized individuals using the secret key. Now, it surrounds the whole area of key-controlled modifications of data into forms that are either unattainable or computationally unworkable for unauthorized users to copy or reverse.

The information must be changed in such a way that an unauthorized individual cannot perceive the actual essence behind it. As a result, the information is safe for transmission and storage.

It is carried out using certain mathematical equations that are extremely difficult to solve unless certain requirements are satisfied. Intractability refers to the degree of complexity. These mathematical equations are used to construct the fundamentals of cryptography.

A few of the most essential equations are:

  • The integer factorization problem
  • The discrete logarithm problem
  • The elliptic curve discrete logarithm problem

Only those who have the key have access to the disguised data. Encryption is the transformation of plaintext into cipher or ciphertext under the management of the key. Decryption is the opposite procedure, in which a legitimate receiver extracts the hidden information from the cipher using the key.

Moreover, during the period of World War II, cryptography was utilized to ensure the confidentiality of written messages. It can also safeguard computer data by encrypting facsimile and television signals, validating the identities of electronic commerce participants, and producing legally permissible records of those transactions.

The subject of cryptanalysis has grown as a result of this expanded perception of cryptography.